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Diamond Discoveries International (Diamond Discoveries International) Equity-to-Asset : -7.39 (As of Sep. 2011)


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What is Diamond Discoveries International Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Diamond Discoveries International's Total Stockholders Equity for the quarter that ended in Sep. 2011 was $-1.84 Mil. Diamond Discoveries International's Total Assets for the quarter that ended in Sep. 2011 was $0.25 Mil.

The historical rank and industry rank for Diamond Discoveries International's Equity-to-Asset or its related term are showing as below:

DMDD's Equity-to-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: 0.8
* Ranked among companies with meaningful Equity-to-Asset only.

Diamond Discoveries International Equity-to-Asset Historical Data

The historical data trend for Diamond Discoveries International's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Diamond Discoveries International Equity-to-Asset Chart

Diamond Discoveries International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.34 -9.12 -6.16 -7.04 -7.53

Diamond Discoveries International Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.35 -7.53 -7.37 -7.57 -7.39

Competitive Comparison of Diamond Discoveries International's Equity-to-Asset

For the Other Industrial Metals & Mining subindustry, Diamond Discoveries International's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Diamond Discoveries International's Equity-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Diamond Discoveries International's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Diamond Discoveries International's Equity-to-Asset falls into.



Diamond Discoveries International Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Diamond Discoveries International's Equity to Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Equity to Asset (A: Dec. 2010 )=Total Stockholders Equity/Total Assets
=-1.883/0.25
=

Diamond Discoveries International's Equity to Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

Equity to Asset (Q: Sep. 2011 )=Total Stockholders Equity/Total Assets
=-1.839/0.249
=

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Diamond Discoveries International  (OTCPK:DMDD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Diamond Discoveries International Equity-to-Asset Related Terms

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Diamond Discoveries International (Diamond Discoveries International) Business Description

Traded in Other Exchanges
N/A
Address
45 Rockefeller Plaza, Suite 2000, New York, NY, USA, 10111
Diamond Discoveries International Corp is a mineral exploration company. It is engaged in activities related to the exploration of mineral resources in Canada.

Diamond Discoveries International (Diamond Discoveries International) Headlines

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